Speculative loss - Setting off the Brought Forward Losses – ...
Department Must Maintain Consistent Tax Stance on Speculative Losses and Proportionate Expenses, Citing Case Law for Guidance.
September 18, 2013
Case Laws Income Tax AT
Speculative loss - Setting off the Brought Forward Losses – Proportionate Expenses - The department cannot take different stand on the year under consideration as principle of consistency has to be followed - AT
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